Brief: Global Partner And Purple Innovation Announce Definitive Agreement With Coliseum Capital Management

Stardust Power

02/02/2018 24:52

Feb 1 (Reuters) - Global Partner Acquisition Corp  GPAC.O : 
    * GLOBAL PARTNER ACQUISITION CORP. AND PURPLE INNOVATION, 
LLC 
ANNOUNCE DEFINITIVE AGREEMENT WITH COLISEUM CAPITAL MANAGEMENT 
FOR $65 MILLION OF COMMITTED EQUITY AND DEBT INVESTMENTS 
    * GLOBAL PARTNER ACQUISITION- AGREEMENT WITH COLISEUM 
CAPITAL FOR 
COMBINATION BETWEEN GPAC AND PURPLE TO BUY AGGREGATE OF $40 
MILLION OF SHARES OF GPAC 
    * GLOBAL PARTNER ACQUISITION CORP SAYS TO MAKE AN 
ADDITIONAL $25 
MILLION INVESTMENT IN PURPLE IN FORM OF UNSECURED DEBT 
 
Source text for Eikon:  ID:nPn8B3P63a  
Further company coverage:  GPAC.O  
 
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